Single Family Investment Properties for Sale in Federal Way, WA
Listed for sale today
$ 659,000
ROI
21.0
Cash Flow/m
174- 4 Bed
- 3 Bath
- 2340 sft
32912 46th Court SW, Federal Way, WA, 98023
Listed for sale today
$ 745,000
ROI
21.1Cash Flow/m
206- 4 Bed
- 3 Bath
- 2820 sft
29336 13th Avenue S, Federal Way, WA, 98003
Listed for sale today
$ 789,000
ROI
20.9Cash Flow/m
170- 4 Bed
- 3 Bath
- 3000 sft
33240 2nd Place SW, Federal Way, WA, 98023
Listed for sale 2 days ago
$ 495,000
ROI
20.1Cash Flow/m
45- 3 Bed
- 1 Bath
- 1040 sft
30628 2nd Avenue SW, Federal Way, WA, 98023
Why Invest in Federal Way, Washington?
Federal Way, WA offers strong opportunities for single-family home investments with steady appreciation and solid rental demand. The market shows competitive conditions, with homes selling quickly and median prices around $600K. Renter-occupied rates exceed 40%, supporting reliable cash flow. Annual appreciation hovers at 2-4%, while cap rates of 5-6% attract value-focused investors. Proximity to Seattle enhances long-term growth potential.
7.2%
Avg. ROI
5.1%
Rental Yield
5.4%
Cap Rate
$1850/mo
Avg. Cash Flow
$2450/mo
Avg. Rent
2.8%
1Y Appreciation
Frequently Asked Questions
Median sale prices for single-family homes reached $600K in late 2025, up slightly year-over-year. Homes sell competitively in about 46 days. This reflects steady demand near Seattle.
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